Enbridge Inc. (ENB.TO) Stock Price, News, Quote & History - Yahoo Finance (2024)

FAQs

What is the 5 year forecast for ENB? ›

Enbridge Inc quote is equal to 36.720 USD at 2024-07-22. Based on our forecasts, a long-term increase is expected, the "ENB" stock price prognosis for 2029-07-18 is 38.761 USD. With a 5-year investment, the revenue is expected to be around +5.56%. Your current $100 investment may be up to $105.56 in 2029.

In the current month, ENB has received 5 Buy Ratings, 6 Hold Ratings, and 1 Sell Ratings. ENB average Analyst price target in the past 3 months is C$53.50.

According to our current ENB stock forecast, the value of Enbridge shares will drop by -1.06% and reach $ 36.15 per share by July 26, 2024. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 39 (Fear).

Declares Quarterly Dividends. CALGARY, AB, April 24, 2024 /CNW/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced that its Board of Directors has declared a quarterly dividend of $0.9150 per common share, payable on June 1, 2024 to shareholders of record on May 15, 2024.

The intrinsic value of one ENB stock under the Base Case scenario is 61.39 CAD. Compared to the current market price of 50.17 CAD, Enbridge Inc is Undervalued by 18%.

A super-safe income stream

Enbridge is a financial fortress that generates extremely durable cash flow. It gets 98% of its earnings from cost-of-service agreements or long-term contracts. Meanwhile, more than 95% of its customers have investment-grade credit ratings.

(NYSE:ENB) ranks third on our list of the 10 Best Dividend Stocks with 7+% Yield, we have analyzed the stock in detail. High dividend yields are attractive. They show the potential income an investor can earn from dividends compared to the stock's price.

That was largely because Enbridge opted to issue 4.6 billion Canadian dollars ($3.4 billion) in stock to pre-fund that deal, which will dilute existing investors in the near term. The company believes the deal was too good to pass up.

Enbridge stock (symbol: ENB) underwent a total of 4 stock splits. The most recent stock split occurred on June 1st, 2011. One ENB share bought prior to May 6th, 1991 would equal to 13.136 ENB shares today.

How many times does Enbridge pay dividends? ›

Enbridge Dividend Information

Enbridge has an annual dividend of $2.68 per share, with a yield of 7.31%. The dividend is paid every three months and the last ex-dividend date was May 14, 2024.

The Company is increasing and extending its financial outlook for EBITDA to 7-9% average annual growth through 2026 and its average annual DCF per share and EPS growth outlooks of 3% and 4-6%, respectively, through 2026. Post 2026, Enbridge expects average annual growth of ~5% for EBITDA, DCF per share and EPS.

Enbridge stock has received a consensus rating of buy.

ENB Stock Forecast FAQ

Based on analyst ratings, Enbridge Inc's 12-month average price target is $38.85.

Enbridge (Enbridge) 5-Year Dividend Growth Rate : 5.50% (As of Mar. 2024)

Over the last three years, the annual dividend growth rate was 3.10%, which increased to 5.50% over five years. Over the past decade, the growth rate of annual dividends per share has impressively reached 11.10%. As of today, the 5-year yield on cost for Enbridge Inc stock is approximately 9.12%.

Perion Network stock prediction for 1 year from now: $ 9.18 (6.16%) Perion Network stock forecast for 2025: $ 9.92 (14.72%) Perion Network stock prediction for 2030: $ 19.72 (127.98%)